Its over. This will got to the grey market and will never trade again as Market Makers will no longer facilitate trades. I was in two that got suspended last year and there have been hundreds, if not thousands, that have been suspended and none have ever traded again.
Sorry kid. You live and learn. We tried to warn you. If it does open on April 4th, it will open in the trips. The shorts are celebrating as we speak because they sold you their shares at .0012 and will buy them back from you at .0001. Don't hold when trading resumes, try to get anything out of this one even if it is a couple bucks. Next time you may want to listen to the seasoned traders.
No SEC suspension is a "permanent ban". The maximum they can suspend is 10 days by law.
But like EVERY suspension before it EFLN will be moved to the grey market within the next four trading days and will re-open for trading there on April 6, 2018 without quotation.
SEC Suspension is almost always a death sentence for an OTC issue.
not a permanent ban; gives everyone time to find out the truth about the PR; hopin for the best on April 5
You won't "find out" anything on 5 April. The suspension will expire at 11:59 p.m. on that date, and trading will resume on the Grey Market on the morning of Friday, 6 April.
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